San Miguel Corp. (SMC) and the Autonomous Region in Muslim Mindanao (ARMM) have signed a memorandum of understanding (MoU) to help develop the region through investments in industries ranging from energy to ports and bulk water facilities.

SMC President and Chief Operating Officer Ramon Ang and ARMM Gov. Mujiv Hataman struck the deal on June 8, which initially establishes an agreement for Ang’s SMC Global Power to build a power plant in ARMM to help provide long-term solutions to Mindanao’s power crisis.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details